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Flat M50 3 beds 2 baths

Michigan Towers, 9 Michigan Avenue, Salford M50

North West, England · M50
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Initial Investment
£128,132First Year
Profit From Rental Income
£30,307
↗ 24%After 5 Years
Change In Property Value
£102,765
↗ 26%After 5 Years
Return On Investment
104%
Analysis

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Year 1Year 2Year 3Year 4Year 5Total
Total Rental Income£28,536£28,964£29,688£30,430£31,343£148,962
Total Expenses£22,035£22,155£22,299£22,447£22,610£111,546
Profit Before Tax£6,501£6,809£7,389£7,983£8,733£37,416
Profit After Tax £5,266£5,515£5,985£6,466£7,074£30,307
Change In Property Value£11,969£12,328£23,279£26,791£28,399£102,765
Net Return£17,234£17,843£29,263£33,258£35,473£133,072
Return From Rental Income (%)4%4%5%5%6%24%
Total Net Return (%)13%14%23%26%28%104%
Expense Distribution
Yearly Profit Before & After Tax
Net Return Over 5 Years
This is for information only, not legal or financial advice; estimates are subject to change